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It has been broadly accepted that the Chinese Yuan is undervalued. However, what remains to be established is how fast the yuan should appreciate in value. One way or another, this adjustment will have global implications. A sharp rise in China’s yuan currency might cut the U.S. trade deficit by up to one-third, as well…
In Tunisia, citizens are already expressing concern that the positive effects of the revolt that swept the Arab nation only 9 months ago may be losing impact. The majority of citizens are proud of their current situation and eagerly anticipate their first democratic election. However, others worry that loyalists of ex-dictator Ben Ali still occupy…
The Securities and Exchange Commission (SEC) stopped at nothing in a bid to strategically win over University of Texas law professor Henry Hu to act as the head the first new division created at the agency in almost 40 years. However, the lengths the SEC sought fit to go to are now being questioned. Hu…
